All the headlines from our Reinsurance Topic Page, ordered by recency.
Sep 9 2014 // As the reinsurance industry prepares for its annual get together in Monte Carlo next week, a number of analytical reports have appeared, which show that, despite some significantly good numbers for the first six months of...
Sep 8 2014 // The latest edition of the Aon Benfield Aggregate (ABA) report, which analyzes the financial results of the world’s leading reinsurers in the first half of 2014, estimates that global reinsurer capital reached a...
Sep 5 2014 // Independent Minneapolis-based broker StoneHill Reinsurance Partners LLC announced that Charles R. (Chip) Ott, Jr. has joined the firm as its executive vice president.Ott will work with current and prospective clients on...
Sep 4 2014 // France’s SCOR announced the creation of a local entity in Brazil, SCOR Brasil Resseguros SA (SCOR Brasil Re), following receipt of a license to operate as a Local Reinsurer granted by the Brazilian insurance...
Sep 3 2014 // Standard & Poor’s Ratings Services has announced the publication of its annual “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous in September.S&P said the...
Sep 3 2014 // The worst reinsurance market in memory looks set to carry into 2015, industry executives said.An absence of costly disasters and increasing competition from new entrants dragged on prices this year, and reinsurers may...
Sep 2 2014 // San Francisco, Calif.-based Woodruff-Sawyer & Co. announced today that Casey Soares is joining the firm as a vice president and property specialist. Soares will partner with client and prospect teams while serving as...
Aug 29 2014 // Aon Benfield announced that it has secured “the reinsurance capacity for a unique cyber product developed by the Lloyd’s syndicate of mutual energy insurer AEGIS London.“The product offers a comprehensive...
Aug 28 2014 // Standard & Poor’s Rating Services announced the publication of its “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous in September. S&P described the report as...
Aug 21 2014 // Floating together in a muck of alphabet soup the insurance industry, the government and the scientific community can be assured success in at least one thing amid their combined efforts to deal with climate...
Aug 21 2014 // Allied World Assurance Company Holdings, AG announced the appointment of John Bender as CEO for the company’s global reinsurance operations. He has overseen Allied World’s reinsurance platform globally since...
Aug 20 2014 // A.M. Best announced that it has “revised its ratings outlook on the global reinsurance sector to negative from stable, citing the significant ongoing market challenges that will hinder the potential for positive...
Aug 15 2014 // Standard & Poor’s Ratings Services announced that it will publish its annual “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous in September.The report “will...
Aug 14 2014 // The 15 participating members of the Association of Bermuda Insurers and Reinsurers (ABIR) reported a record high contract certainty rate for insurance contracts at 99.0 percent. The year end 2013 results also showed a...
Aug 8 2014 // A recent article by the Palm Beach Post blasting Citizens Property Insurance Corp. executives for traveling overseas casts a negative image onto the state-owned and operated insurer. However, what the article fails to...
Aug 7 2014 // Swiss Re Ltd. Chief Financial Officer David Cole expects consolidation in the reinsurance market as oversupply of capital squeezes prices.“Selling property and casualty reinsurance is becoming more difficult for us...
Aug 7 2014 // Munich Re, the world’s biggest reinsurer, said second-quarter profit rose 45 percent helped by higher investment income.Net income advanced to €765 million ($1.02 billion) from €528 million [$706 million] a year...
Aug 6 2014 // Hannover Re, the world’s third- biggest reinsurer, said second-quarter profit rose 10 percent, helped by a lower level of large claims and higher life reinsurance earnings.Net income climbed to €211.5 million...
Aug 6 2014 // Swiss Re Ltd., the world’s second- biggest reinsurer, reported second-quarter profit that missed analysts estimates, as earnings from life and health insurance declined.Net income increased to $802 million from $786...
Aug 5 2014 // A report from A.M. Best concludes that “global merger and acquisition (M&A) activity in the property/casualty (P/C) and reinsurance industries continued at a steady pace in the first half of 2014.”Best said...